Citizens Bank International Limited (CZBIL) has signed an agreement with Dollarco Exchange Company Limited, KUWAIT to provide remittance services.
Paras Kumar Kafle, Chief Operating Officer of the bank and Khalid Sharif, General Manager of Dollarco Exchange Company Limited signed the agreement.
With this agreement, remittance money sent from Kuwait through Dollarco Exchange Company Limited can be withdrawn from all 58 branches of the bank and its more than 3,000 paying agents spread throughout the country.
Earlier, the bank had signed similar agreement with Casco Financial Services UK, Small World Financial Services and Aftab Currency Exchange Limited UK , UAE based remittance companies Al Ahalia Money Exchange Bureau, Al Ansari Money Exchange, Xpress Money Services, Al Dahab Exchange and Alfa Exchange to provide remittance services.
Through remittance arrangement with national remittance companies, the bank has been making payment of remittance transactions received from Western Union, Money Gram, IME, Prabhu Money, Himal Remit, City Express, Reliable Remit, JME, Nepal Remit, Easy Link, Best Remit, Prithvi Express, Samsara, Sewa Remit, IPAY Reliable, Boom Remit and Overseas Remit from its all branches said a press statement issued by the bank.